China: Bitmain-Funded Firm to Completely Decarbonize Its Crypto Mining Operations

2021-7-1 05:00

SAITECH, a company aiming to solve the climate change crisis, plans to eventually power its crypto mining operations with 100 percent renewable energy, significantly reducing their carbon print emissions in line with China’s strong national policies on decarbonizing by 2060, a new report on June 29 shows. origin »

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Источник: Cripyo.news

operations mining → Результатов: 126

OKX Shuts Down Bitcoin Mining Operations: Here's Potential Reason

One of world's biggest exchanges is halting mining operations

2024-1-26 15:34
operations mining world biggest halting exchanges one

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Bitcoin ASIC Maker Canaan To Launch U.S. Mining Operations

A Canaan executive detailed the success of its pilot mining operations in Kazakhstan and shared plans to expand its operations to the U.S. in an interview.

2022-7-30 18:31	УС
operations mining canaan kazakhstan interview shared plans

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Blockstream takes on Bitmain with new Bitcoin mining centers (and it’s already getting flak)

Blockstream, the blockchain infrastructure firm that sent a Bitcoin satellite into space, has entered the cryptocurrency mining space. The company revealed details about its Bitcoin mining data centers in Quebec, Canada and Adel, Georgia earlier this week.

2019-8-9 14:40	hard fork
bitcoin mining blockstream centers space back 2017

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Malaysian Electricity Authority Nab Illegal Bitcoin Miners

Tenaga Nasional Bhd (TNB), Malaysia’s state-owned electricity company has raided 33 buildings illegally using its energy for bitcoin mining operations that gulped RM3. 2 million (roughly $763k) worth of power whereas they only paid a bill of only RM219 ($52), according to a report by local news source, malaymail August 7, 2019.

2019-8-9 17:00
bitcoin electricity malaysian only energy local malaymail

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From Booze to Bitcoin Mining – Why Violent Prohibition Is Always Harmful

Stories continue to emerge about newly discovered illegal mining operations being busted by state and corporate authorities. Just last week Iranian media reported the seizure of 177 Bitcoin mining units worth over $270,000 being smuggled via truck in the Arak region.

2019-8-6 21:00
bitcoin mining power reported illegal being harmful

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Booze and Bitcoin Mining – Why Violent Prohibition Is Always Harmful

2019-8-8 21:00
mining bitcoin booze being power illegal reported

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Subject: Mining The New Way: Ultra Rewards Without Hijacking Terminals With MintMine

Coinspeaker Subject: Mining The New Way: Ultra Rewards Without Hijacking Terminals With MintMineCrypto mining opportunities in 2019 arise when investing in major operations that mine on an industrial scale in the cloud, with dedicated mining equipment, and operators that function with > 99% guaranteed uptime.

2019-7-26 13:08
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DigiByte’s latest hash algorithm, Odocrypt, claims to improve mining experience

There is always a Yin for a Yang, with many major businesses swimming against the tide by integrating their operations with blockchain technology. Following a growing adoption rate, blockchain technologists are building innovative technologies in order to get ready for mainstream adoption in the near future.

2019-7-23 08:31
mining digibyte adoption blockchain improve odocrypt claims

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Miners Flock to Iran Where Bitcoin Mining Is Set to Be Sanctioned

According to regional reports, the Central Bank of Iran (CBI) is planning to allow licensed cryptocurrency mining as long as operations are charged for electricity based on the price of export. The CBI governor, Abdol Nasser Hemmati, explained that mined cryptocurrencies should flow back into the Iranian economy.

2019-7-13 00:10
bitcoin mining iran miners cbi flock set

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Swiss Gold Mines Refitted For Crypto Miners

The surge of cryptocurrency mining operations moving to old mining towns in Switzerland with cool temperatures and cheap hydroelectric power has changed the landscape of many former gold rush villages.

2019-7-11 19:23	World
mining gold hydroelectric power cool temperatures cheap

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Iran Accuses US of Looking to Thwart Its Bitcoin Mining Operations

Iran’s Assistant Minister of Industry, Trade and Supply, Saeed Zarandi, said that Trump’s administration is working to block bitcoin mining in the country, according to local news outlet Fars.

2019-7-8 16:00	Иран
bitcoin iran mining operations country looking accuses

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Iranian Authorities Crack Down On Bitcoin Mining Machines

The Iranian government is cracking down on bitcoin mining operations after claims that mining operations were destabilizing the power grid and affecting electrical access for households and businesses.

2019-6-29 00:19	World
mining operations iranian bitcoin down households grid

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Broke Iran Seizes 1,000 Crypto Rigs, Skips Bitcoin Mining Mosques

As sanctions imposed by the United States continue to bite reducing government revenues and widening the budget deficit, Iran has turned its ire to Bitcoin mining operations in the country that are mooching off the country’s heavily subsidized power.

2019-6-29 14:35	Иран
bitcoin mining iran broke country rigs seizes

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Bitcoin Mining Difficulty Reaches Record High

During the upward trend Bitcoin experienced these past two weeks, mining operations were working at high gear, performing calculations at an average of 56.77 quintillion hashes per second.

2019-6-28 21:59	cryptocurrencies and tokens
high bitcoin mining calculations gear average performing

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Iranians Defy Warning and Share Pictures of Bitcoin Mining in Mosque

On Tuesday, the Iranian energy grid corporation Tavanir warned illegal bitcoin mining operations that they would be cut off from their supply. Following the announcement, pictures of a mining facility set up in a mosque went viral on social media.

2019-6-27 20:45
mining bitcoin mosque pictures iranians iranian energy

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Iranian Energy Grid Blames 7% Consumption Increase on Bitcoin Miners

Mostafa Rajabi Mashhad, the spokesperson for Tavanir, an Iranian state-operated grid entity, has explained that electrical consumption has spiked by 7% in comparison to the previous year. Rajabi blames illegal cryptocurrency mining operations for the country’s increased electrical consumption and has warned that illicit mining facilities will be cut off from the grid.

2019-6-26 00:30
grid consumption bitcoin blames iranian electrical mining

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Mining Rig Manufacturers Struggle To Keep Up With Demand

While bitcoin's current upward trend has increased the demand for mining rigs, manufacturers are also feeling the heat from established mining operations that need more computing power.

2019-6-26 00:10	Technology
mining demand manufacturers feeling heat power established

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Old Mutual Insure Denies Coverage For Mining Operations

Pan-African insurance firm Old Mutual Insure will no longer insure the computer equipment used by crypto mining operations, citing the unregulated nature of the industry and its ties to cybercrime as two major factors.

2019-6-13 18:53	Technology
insure operations mutual old mining industry unregulated

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Local Governments Work To Shape Bitcoin Mining's Impact On Climate

Officials in Missoula County, Montana, changed the way crypto mining operations need to implement clean energy initiatives, helping set a standard for how local governments can hold mining operations responsible for the energy they use.

2019-6-13 23:48	Opinion
mining energy local governments operations helping clean

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Bitcoin: Majority of electricity used for BTC operations comes from renewable resources

The concept of Bitcoin [BTC] mining has always been looked at like an evil spawn by many mainstream industries and its proponents. But a new report from Coinshares has quashed that notion by stating that 74 percent of the world’s BTC mining operations were driven by renewable energy.

2019-6-9 19:30
btc renewable operations bitcoin electricity report mining

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74% of the World’s Bitcoin Mining Operations Driven by Renewable Energy Says Report

There’s a lot of debate over whether bitcoin mining is bad for the environment. Many bureaucrats and mainstream media pundits claim that mining is wasteful and bitcoin’s energy consumption cannot be ignored.

2019-6-7 18:22
bitcoin mining energy report world operations renewable

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Jihan Wu’s Bitcoin Trading and Custody Firm to Launch in July

Matrix, the bitcoin trading and custodial platform co-founded by the ex-employees of bitcoin mining heavyweight, Bitmain, including Jihan Wu, is reportedly set to commence operations within a month and the firm will also offer over-the-counter (OTC) trading, as well as crypto-backed lending service to its clients, according to The Block on June 5, 2019.

2019-6-7 09:00
bitcoin trading firm jihan june 2019 according

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R3 Founder Finds Security Aspect Of Mining “Pretty Scary,” Shares All During MCC 2019

R3 Founder Finds Security Aspect Of Mining “Pretty Scary,” Shares All During MCC 2019 Prague-based, Braiins, company operating Slush Pool, a crypto-mining pool, launched the Braiins OS Cobalt sometime last year.

2019-6-3 21:20	bitcoin mining
mining all 2019 pool braiins shares mcc

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Study: Publicly Listed Chinese Firms Quietly Participate in Bitcoin Mining

According to regional reports, a few publicly listed Chinese companies have been secretly mining bitcoin by pretending to provide cloud or web hosting services. Moreover, recent studies have revealed a growing trend of mystery miners processing the BCH and BTC networks at the same time as these firms have been running undercover mining operations in […] The post Study: Publicly Listed Chinese Firms Quietly Participate in Bitcoin Mining appeared first on Bitcoin News.

2019-5-30 23:10
bitcoin mining publicly chinese listed firms study

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Chinese Listed Companies and Bitcoin Mining: Partner or Predator?

This article was originally published by 8btc and written by Lylian Teng. Some Chinese listed companies have jumped on the bandwagon of bitcoin mining following the bitcoin bull run throughout 2017, either under the guise of cloud computing or providing mining hosting services, in an effort to bypass regulations considering the country’s tough stance on bitcoin.

2019-5-29 18:53	Mining
mining bitcoin company chinese listed companies power

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Australian Civil Servant Caught Mining Crypto With Government Hardware

The Australian Federal Police (AFP) has charged a government employee alleged to have misused government IT infrastructure for personal cryptomining operations, per a press release.

2019-5-22 18:47	Law & justice
government australian release department mining said bitcoin

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Dutch Crypto Conman Scams Dozens in $2.2 Million Bitcoin Mining Fraud

By CCN: Authorities in the Netherlands have arrested a suspect who allegedly operated a bitcoin mining investment scam, according to Dutch daily De Gelrderlander. The fraudulent scheme which was reportedly started in 2017 earned the man named Berry van Mourik at least €2 million ($2.

2019-5-22 14:11
bitcoin mining million dutch rigs suspect mourik

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Police Arrest Crypto Entrepreneur For Allegedly Conducting Fraudulent Activities To The Tune Of $25 Million

Police Arrest Cryptocurrency Entrepreneur After Allegedly Conducting Fraudulent Activities According to a recent report released by De Gelderlander, Dutch police have arrested a former entrepreneur after allegedly conducting fraudulent activities.

2019-5-21 21:28	Legal & Regulation
police conducting fraudulent allegedly activities arrest entrepreneur

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Hut 8 Mining on Sustainability, Expansion and Surviving Crypto Winter

Hut 8 Mining (named after Hut 8 in Bletchley Park, where Alan Turing broke the enigma code and accelerated the end of World War II) has just filed its audited financial statements for 2018, detailing a tight but still profitable bitcoin mining business.

2019-5-10 20:04	Mining
hut mining bitcoin kiguel bitfury energy said

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Bitmain Losing 88% Market Share is Turning Out Great For Bitcoin (BTC)

Bitcoin mining giant Bitmain has less positive news as bitcoin price reclaims $6000 and the hash rate continues its steady climb. Its internal mining operations show a reduction of 88% of hash power in the past month.

2019-5-9 13:00	Bitmain
bitcoin bitmain hash mining turning out market

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Oil Field Alchemy: How Bitcoin Can Turn Waste, Emissions into Proof-of-Work

In a handful of oil fields in the Great White North, natural gas, an otherwise wasted drilling by-product, is being put to work. But it’s not being used to well more oil; it’s being used to mine bitcoin.

2019-5-8 20:07	Bitcoin
gas barbour oil companies data upstream bitcoin

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Bitmain’s Mining Empire Takes a knock as They Cut Back on Capacity by 88 Percent

Bitmain, traditionally one of the biggest cryptocurrency mining operations, has revealed that are generating 88 percent less computing power than a month ago, suggesting that the industry giant has cut back on capacity.

2019-5-8 13:04
cut back capacity percent mining bitmain knock

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Bitmain Shares Experience Of Nearly 90% Reduction In Company’s Own BTC Mining Hash Power

Bitmain Had A Drop Of 88% In Its Own BTC Mining Power You may remember the time in which Bitmain was the king of the crypto market. That time is past now. According to recent reports, the internal mining operations of the company are down by 88%.

2019-5-8 01:34	Bitmain
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Bitmain Discloses 88% Reduction In Own Bitcoin Mining Power

Bitmain's internal bitcoin mining operations are generating 88 percent less computing power than a month ago, suggesting the industry giant has cut capacity.

2019-5-8 22:15	Bitmain
power bitmain bitcoin mining suggesting capacity ago

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Bitcoin mining - back in (the) black

At the bottom of the late 2018 crypto bear market, the price of bitcoin dropped below the $4,500 threshold at which most miners are no longer profitable. A number of bitcoin mining operations were forced to turn off their machines creating an existential threat to the bitcoin network.

2019-5-1 22:00	BNC insights
bitcoin mining back market threat existential network

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New Cryptojacking Campaign Infects Asia Using More Profitable Tactics

Cryptojacking — the process of infecting computers with malware to mine cryptocurrency — has declined alongside prices during cryptowinter. But like any dextrous organism facing extinction, the virus and its propagators are adapting.

2019-4-27 22:07	Privacy & security
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Is Bitcoin Mining Finally Profitable for Miners in 2019?

The recent bitcoin rally has driven bitcoin mining profits. Profits earned from bitcoin mining have seen a clear rise since the start of April 2019 and hit a near half-a-year high on April 15, 2019.

2019-4-23 19:35	Mining
bitcoin mining cost miners electricity per breakeven

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Belarus Could Get a Nuclear-Powered Bitcoin Mining Center

Aleksandr Lukashenko, the president of Belarus, met with the country’s IT community to discuss the growth of its native tech industry, according to the state-owned national news agency, the Belarusian Telegraph Agency.

2019-4-19 16:59	Mining
mining bitcoin president lukashenko belarusian reportedly government

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Mueller Report: Russia Used Bitcoin to Fund DNC Hacks

An intelligence branch of the Russian government used bitcoin to fund its cyberwarfare efforts to interfere with the 2016 U. S. presidential election, the Mueller Report claims.

2019-4-19 23:21	Law & justice
bitcoin report russian russia used these mueller

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Canadian Province Offers Low-Cost Energy Incentives to Bitcoin Miners

They’re doing it in British Columbia, Quebec, Manitoba, Alberta and Labrador — bitcoin miners in Canadian provinces are taking advantage of the country’s cool climate and abundant supplies of hydroelectric power.

2019-4-17 20:52	Mining
bitcoin power labrador miners energy province rates

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Chinese Bitcoin Miners Suffer in Iran Despite Cheap Power

This article was originally published by 8btc and written by Lylian Teng. Many Chinese cryptominers have migrated to places with cheap electricity and favorable policies as a result of the escalated government crackdown on cryptocurrency and its production process.

2019-4-11 23:38	Mining
miners electricity iran said power border feng

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Pursuing Illicit Crypto Mining Operations Within Hong Kong Will Earn Miners A Major Fine, Jail Time

While much of the attention of regulatory measures for cryptocurrency around the world has to do with exchanges and the classification of coins, crypto mining has been working to find its place as well.

2019-4-5 04:09	News
new mining kong crypto hong find working

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Hong Kong: Illicit Crypto Mining Operations Are Punishable by Fine or Imprisonment

The secretary of Hong Kong’s financial watchdog has stated that illicit crypto mining operations are subject to local trading law

2019-4-4 21:31	Crimes
hong mining operations crypto illicit kong subject

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Continued Bear Market Leads to Delisting of Bitfarms Mining Company from Tel Aviv Stock Exchange

The bear market has left a lot of victims in its path, and there have been many companies that have been forced to shut down their operations to avoid losing anything else. In the Tel Aviv Stock Exchange, the major losses sustained by one crypto mining firm have been substantial enough to pull them off […]

2019-4-2 17:14	News
exchange stock market bear tel aviv mining

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Manufacturing Giants Bitmain and Canaan Announce Second-Generation Miners

On March 29, the two largest mining rig manufacturers, Canaan Creative and Bitmain Technologies, announced the sale of their next generation devices that process the SHA-256 algorithm. Both firms are gearing up to sell the new products this spring as a slew of mining operations have been prepping up new facilities in order to take […] The post Manufacturing Giants Bitmain and Canaan Announce Second-Generation Miners appeared first on Bitcoin News.

2019-3-30 19:20
canaan bitmain new giants mining announce second-generation

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Missoula County Commissioners Look To Require Renewable Energy Practices For Mining Operations

Despite heavy zoning and energy requirements, the county wants to remain open and welcoming to crypto mining facilities.

2019-3-23 21:53	law and legislation
energy county mining requirements wants open facilities

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US Missoula County Considers Requiring Crypto Miners to Use Renewable Energy

Mining operations would be required to produce or purchase renewable energy by proposed regulation in the United States Missoula County

2019-3-22 19:41	Mining
energy renewable county missoula proposed purchase regulation

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The Rise of Cryptojacking: Prevent it, Detect it and Recover from the Malware

As cryptocurrencies grew in acceptance as well as value and cryptocurrency mining became a lucrative business, cryptojacking has become the latest jackpot for cybercriminals. Thousands of websites globally that are operated by government agencies and the most recognized organizations are compromised by malicious con artists who harvest their victims’ CPU power for covert mining operations.

2019-3-16 12:00
cryptocurrency mining cryptojacking covert power victims cpu

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Bitcoin Mining and Renewable Solar Power Energy Said to Slash Costs By Over 70% for One Home User

As many of our readers are probably well aware of, due to various unfavorable market conditions such as rising electricity costs, profits associated with the crypto mining industry seem to have dropped off quite significantly since the start of 2018.

2019-3-14 18:32	News
mining costs start crypto due electricity rising

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